Market Research Logo

Global Residential Digital Faucets Market 2017-2021

Global Residential Digital Faucets Market 2017-2021

About Residential Digital Faucets

Digital faucets are equipped with digital screens or smart sensors. They can be operated by means of a manual touch, hand sensing (automatic), or using smart devices. Digital faucets are used for residential applications. They are also known as automatic faucets, touch-free faucets, or touchless faucets. The global residential digital faucets market includes faucets that are manufactured and sold for household applications. The market covers regions such as the Americas, EMEA, and APAC. In the report, the market has been segmented by application, mode of operation, geography, mounting type, and distribution channel

Technavio’s analysts forecast the global residential digital faucets market to grow at a CAGR of 10.32% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global residential digital faucets market for 2017-2021. To calculate the market size, the report considers the value sales of residential digital faucets used in bathrooms and kitchens.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Residential Digital Faucets Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • LIXIL Group
  • Masco
  • Spectrum Brands
  • Zurn Industries
Other prominent vendors
  • Bela Sanitary Ware
  • BRIZO KITCHEN & BATH COMPANY
  • Freuer Faucets
  • Jaquar
  • Premier Faucet
  • Wenzhou Rozin Sanitary Wares
Market driver
  • Product innovation and wide product assortment leading to product premiumization
  • For a full, detailed list, view our report
Market challenge
  • Rising raw material prices leading to increased production costs
  • For a full, detailed list, view our report
Market trend
  • Growing online sales of digital faucets
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Residential Digital Faucets Market 2017-2021

Technavio recognizes the following companies as the key players in the global residential digital faucets market: LIXIL Group, Masco, Spectrum Brands, and Zurn Industries

Other Prominent Vendors in the market are: Bela Sanitary Ware, BRIZO KITCHEN & BATH COMPANY, Freuer Faucets, Jaquar, Premier Faucet, and Wenzhou Rozin Sanitary Wares.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing online sales of digital faucets. The increasing online sales of digital faucets is an emerging trend that is expected to drive the global residential digital faucets market during the forecast period. Key leading vendors in the market such as Masco, LIXIL Group, and Spectrum Brands have shifted their business models toward the sale of products through online distribution channels. These vendors have a tie-up with various e-retailers such as Amazon.com, Home Depot Product Authority, build.com, and Lowe's to promote and market faucets and fittings.”

According to the report, one of the major drivers for this market is Product innovation and wide product assortment leading to product premiumization. Manufacturers are offering a wide product assortment and innovative products to combat the growing competition from rivals in the market. Vendors in the market for residential digital faucets, especially kitchen and bathroom faucets, are gradually synchronizing with dynamic customer preferences and demands. They are constantly focusing on designing and manufacturing new innovative products. For instance, Masco, a key vendor in the market, offers innovative products under multiple brands such as AXOR, Delta Faucet, Ginger, Bristan Group, Newport Brass, Peerless, Hot Spring, Mirolin Industries, and Hansgrohe International.

Further, the report states that one of the major factors hindering the growth of this market is Rising raw material prices leading to increased production costs. One of the major operational challenges faced by manufacturers in the global residential digital faucets market is rising raw material and manufacturing costs. The raw materials used to manufacture digital faucets include sensors, touch as well as digital panels, and the metallic body, which are expensive. The rise in the prices of raw materials further increases the manufacturing cost. The manufacturing cost also increases with the rise in the prices of metals such as aluminum, iron, and copper. High manufacturing costs affect the profit margins for manufacturers and retailers. Thus, manufacturers need to produce and promote a certain number of units to maintain an optimum profit margin.

Companies Mentioned

LIXIL Group, Masco, Spectrum Brands, Zurn Industries, Bela Sanitary Ware, BRIZO KITCHEN & BATH COMPANY, Freuer Faucets, Jaquar, Premier Faucet, and Wenzhou Rozin Sanitary Wares.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Key factors impacting global residential faucets market
      • Table Global residential faucets market 2016-2021 ($ billions)
  • Market landscape
    • Global residential digital faucets market
      • Table Global residential digital faucets market
      • Table Global residential digital faucets market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by mode of operation
    • Global residential digital faucets market by mode of operation
      • Table Global residential digital faucets market by mode of operation 2016-2021 (% revenue share)
    • Comparison by mode of operation
      • Table Comparison by mode of operation
    • Global residential automated digital faucets market
      • Table Global residential automated digital faucets market 2016-2021 ($ billions)
      • Table Global residential automated digital faucets market: Year-over-year growth 2017-2021 (%)
    • Global residential manual digital faucets market
      • Table Global residential manual digital faucets market 2016-2021 ($ billions)
      • Table Global residential manual digital faucets market: Year-over-year growth 2017-2021 (%)
    • Market opportunity by mode of operation
      • Table Market opportunity by mode of operation
  • Market segmentation by mounting type
    • Global residential digital faucets market by mounting type
      • Table Global residential digital faucets market by mounting type 2016 (% revenue share)
  • Market segmentation by application
    • Global residential digital faucets market by application
      • Table Global residential digital faucets market by application 2016 (% revenue share)
    • Global market for residential digital faucets for bathrooms
    • Global market for residential digital faucets for kitchens
  • Market segmentation by distribution channel
    • Global residential digital faucets market by distribution channel
      • Table Global residential digital faucets market by distribution channel 2016 (% revenue share)
    • Global residential digital faucets market by offline distribution channel
      • Table Global residential digital faucets market by offline distribution channel 2016 (% revenue share)
    • Global residential digital faucets market by online distribution channel
  • Regional landscape
    • Global residential digital faucets market by geographical segmentation
      • Table Global residential digital faucets market by geography 2016-2021 (% revenue share)
    • Regional comparison
      • Table Regional comparison
    • Residential digital faucets market in Americas
      • Table Residential digital faucets market in Americas 2016-2021 ($ billions)
      • Table Global residential digital faucets market in Americas: Year-over-year growth 2017-2021 (%)
      • Table Top 3 countries in Americas
    • Residential digital faucets market in EMEA
      • Table Residential digital faucets market in EMEA 2016-2021 ($ billions)
      • Table Residential digital faucets market in EMEA: Year-over-year growth 2017-2021 (%)
      • Table Top 3 countries in EMEA
    • Residential digital faucets market in APAC
      • Table Residential digital faucets market in APAC 2016-2021 ($ billions)
      • Table Residential digital faucets market in APAC: Year-over-year growth 2017-2021 (%)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by region
      • Table Market opportunity by region
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing online sales of digital faucets
    • Increase in number of DIY home improvement retailers
    • Integration of smart home technology to enable smart kitchens and bathrooms
    • Increase in M&A
  • Vendor landscape
    • Competitive scenario
      • Table Key competitive strategies adopted by vendors
  • Vendor analysis
    • Vendor overview
    • Comparative analysis of key vendors
      • Table Key vendors: Analysis on geographical presence 2016
      • Table Key vendors: Comparative analysis of revenue, product portfolio, and geographical presence 2016
  • Key vendor analysis
    • LIXIL Group
      • Table LIXIL Group: Business segmentation by revenue 2017 (% share)
      • Table LIXIL Group: Geographical segmentation by revenue 2017 (% share)
      • Table LIXIL Group: Product portfolio
      • Table LIXIL Group: Recent developments
    • Masco
      • Table Masco: Product segmentation by revenue 2016 (% share)
      • Table Masco: Geographical segmentation by revenue 2016 (% share)
      • Table Masco: Product portfolio
    • Spectrum Brands
      • Table Spectrum Brands: Business segmentation by revenue 2016 (% share)
      • Table Spectrum Brands: Geographical segmentation by revenue 2016 (% share)
      • Table Spectrum Brands: Product portfolio
    • Zurn Industries
      • Table Zurn Industries: Product portfolio
      • Table Zurn Industries: Recent development
    • Other prominent vendors
      • Table Global residential digital faucets market 2016: Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report